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$100M Presidio Hospital Redo Moves Forward

SAN FRANCISCO-The manager of the historic former army base comes to terms regarding the conversion of the main hospital there to apartments. Several other projects are in the works.

By Brian K. Miller | Updated on May 03, 2007

SAN FRANCISCO-Publicly held Forest City Enterprises of Cleveland has signed an agreement to redevelop the main hospital complex within the Presidio, an historic former army base at the foot of the Golden Gate Bridge. The estimated $100-million project calls for the historic buildings in the complex to be rehabilitated and for the non-historic wings of the main hospital building to be removed in favor of new construction.

The main hospital was closed in 1981. The redevelopment will result in a total of 161 apartments. Forest City says it intends to use sustainable practices and materials for the project and will seek certification from the US Green Building Council.

The Presidio was transferred to the National Park Service and made part of the Golden Gate National Recreation Area in 1994. In so doing, Congress mandated a funding model for the Presidio that requires it achieve economic self-sufficiency by 2013 or face being liquidated. The Presidio Trust was established in 1996 to achieve said self-sufficiency.

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